Who needs a contractor license bond in Solon, Ohio?
All contractors working in Solon must register annually with the city and post a $25,000 surety bond. Additionally, all contractors must provide the following:
- A registration fee of $75
- Evidence of liability insurance: $1,000,000 for each occurrence and $2,000,000 general aggregate
- Your State of Ohio specialty contractor license (if applicable)
- A completed tax questionnaire and municipal income tax form
Find a complete list of requirements on the Solon contractor registration page.
Need to purchase or renew your bond ASAP? Give us a call at (888) 435-4191, and we’ll help you get bonded in a zip! You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Solon Contractor Bond:
How do contractor license bonds work?
A contractor registration bond guarantees that a contractor (the principal in the bond contract) completes work in accordance with local laws. This may include adhering to building codes, paying taxes, and fulfilling other contractual obligations. If a contractor in Salon breaks their bond agreement, they may face costly claims.
To acquire your surety bond, you do not need to pay the entire bond amount. Instead, you’ll pay a premium, a small percentage of the bond. ZipBonds issues many contractor registration bonds quickly for as little as $100. Apply online today!
Frequently Asked Questions
Bonds often expire on December 31 annually. Your specific bond term will be listed on the bond form.
In Solon, you will not need multiple bonds. If you work in various trades, you will need to pay an additional $10 registration fee per trade. Then list the additional trade(s) on your bond.
Apply for Your Contractor Bond in Solon, OH
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org or call 888.435.4191 to speak with an agent directly.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.